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2025-03-31-accounts

Charity registration number SC049122 (Scotland)

SPORTING CHANCES ALBA SCIO

SC049122 (Scotland)

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

SPORTING CHANCES ALBA SCIO

LEGAL AND ADMINISTRATIVE INFORMATION

Charity number (Scotland)

SC049122

Bankers

Independent examiner

Royal Bank of Scotland 36 St Andrew Square Edinburgh EH2 2YB Talking Numbers Ltd Unit 27 Huntershill Village 102 Crowhill Road Bishopbriggs Glasgow G64 1RP

SPORTING CHANCES ALBA SCIO

CONTENTS

Page
Trustees’ report 4
Independent examiner’s report 10
Statement of financial activities 11
Balance sheet 12
Notes to the financial statements 13

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SPORTING CHANCES ALBA SCIO

TRUSTEES’ REPORT

FOR THE YEAR ENDED 31 MARCH 2025

Sporting Chances Alba is a charity registered in Scotland that was formed in 2019 to pursue the aims as laid out in our constitution. The trustees present their agreed annual report and accounts for the year ended 31 March 2025.

out in note 1 to the financial statements and comply with the charity’s governing document, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (Second Edition – October 2019) (e�ective 1 January 2019).

Objectives and activities

Aim

The organisation’s purpose is to improve the lives of the people of Scotland by promoting lifelong participation in activity and sport, using Judo and strength and conditioning as a platform.

Activities

We aim to provide services to everyone in Scotland. Sporting Chances Alba will fund or deliver activities designed to further our aims and do so regardless of age, ability, race, gender or sexual orientation.

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SPORTING CHANCES ALBA SCIO

TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Achievements and performance

The main achievements of the charity during the year were as follows:

  1. Operation of the Judo Club continued to provide the platform for much of our charitable purpose whilst providing a major source of income. We will continue to run the club responsibly and will invest in marketing, digital services and ongoing improvements to coaching quality. Highlights of the year include:

  2. a. Steady membership numbers of approximately 640 participants at venues across the city

  3. b. Growth of our competitive squad to over 80 young athletes

  4. c. Record participation in the Scottish Judo Championships and other national and international events

  5. d. Starting to grow our presence in areas of multiple deprivation with our new club in Easterhouse.

  6. In addition to club income - fundraising allowed us to extend our reach and to sustainably deliver more services to those who need them. We raised funds mainly from two fundraisers, significant charitable donations from individuals and the surplus from the judo club.

  7. Support and expansion of the competitive squad was a key focus, and we invested over and above normal running costs, in equipment, specialised coaching, and attending competitive and development events.

  8. Increasing our reach to create more Sporting Chances is at the core of our purpose. In the course of the year, we continued to provide equipment and coaching services whilst supporting a large number of individual events aimed at increasing sporting participation.

  9. Investing for the future – this year we funded the operation of our minibus and our van.

  10. We have invested in establishing a new purpose-built training centre at Europa Buildings in the centre of Glasgow

  11. We have built up sustainable cash reserves and contingency and will continue to ensure that there are enough financial reserves to cover three months’ worth operations for the club and the charity.

  12. Supporting our elite athletes – we were able to provide much needed funding support to our full-time athletes currently involved in the JudoScotland National Squad.

  13. Providing Sporting Chances is at the heart of our purpose and with the help of donations and from the surplus created by the judo club, we have been able to attend national events, training camps in Devon, Kendal, the GB National Centre in Walsall.

purpose and aims and were consistent with our year plan for 2024/25.

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TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

SPORTING CHANCES ALBA SCIO

Financial performance

Headlines from these accounts are as follows:

Having delivered all our funded project commitments, there were no restrictions on funds at the end of the year, and unrestricted funds are duly carried forward for the next financial year.

Going concern

After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details are given in the accounting policies contained within the notes to the financial statements.

Reserves policy

It was the policy of the charity to maintain unrestricted funds which have not been designated for a specific use at a level which would permit its continued operations for a period of at least three months (estimated at £70,000).

The trustees consider that in the event of a considerable drop in funding, this will enable them to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. The unrestricted reserves at the year end are £80,294 (2024: £78,875).

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SPORTING CHANCES ALBA SCIO

TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Future plans

Our plans for the year are as follows:

  1. Operation of the Judo Club will continue to act as a platform for much of our charitable purpose whilst providing a major source of income. We will continue to run the club responsibly and will invest in marketing, digital services and ongoing improvements to coaching quality.

  2. In addition to club income, fundraising will allow us to extend our reach and to sustainably deliver more services to those who need them. We aim to raise funds from grants, fundraisers, charitable donations and other sources of income.

  3. Support and expansion of the competitive squad will remain a key focus and we will spend over and above normal running costs on equipment, specialised coaching, and attending events.

  4. Increasing our reach to create more Sporting Chances is critical to our purpose– we aim to deliver two large scale initiatives during the year, investing in programs in Glasgow and other areas of multiple deprivation.

  5. Investing for the future – we plan build on the work we have done to create the judo centre in Glasgow and raise funds for the eventual establishment of a permanent world class training facility and complete the project works necessary to explore feasibility and do the necessary financial and project planning.

  6. Establishing sustainable cash reserves and contingency – we will ensure that there are enough financial reserves to cover three months’ worth of Sporting Chances operations. These funds will be held prudently in a cash account and low risk investments.

  7. We plan to strengthen our governance structure to comply with new statutory requirements whilst improving our flexibility, resilience and operational e�iciency.

Our plans for the year will be monitored and changed by the board - if required – and as the year progresses.

Financial outlook

Through fundraising and sports club operations, we aim deliver a surplus in the coming year of £25,000. We will use this surplus to:

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SPORTING CHANCES ALBA SCIO

TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Structure, governance and management

Governing document

The charity is constituted as a Scottish Charitable Incorporated Organisation (SCIO), whose registration number is SC049122. Our constitution remains valid but, as per the previous annual report, may be amended slightly in the course of 2025/26 to allow the possibility of wider membership.

Trustees

statements were as per page 2 of this report.

The board of trustees remains unchanged for now, but we anticipate minor amendments to take account of resignations and to keep abreast of best governance practice

Recruitment and appointment of trustees

The board of trustees will identify candidates with suitable and relevant experience. If appointed, the candidate is provided with copies of OSCR guidance and briefed on the responsibilities of being a trustee.

Organisational structure

Board meetings were held quarterly a per the requirements of our constitution with minutes recorded and available for inspection on request.

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SPORTING CHANCES ALBA SCIO

TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Conclusion

We have made strong progress towards stabilising the charity and have built a strong reputation

Our leadership structure and governance arrangements remain stable, and we are looking to improve further during 2025.

Our charitable aims remain relevant and are unaltered and we believe have made valuable contributions to society.

and are based on making prudent financial provision for a sustainable future as laid out in our financial plans.

Statement of trustees’ responsibilities

accordance with appliable law and UK Accounting Standards (UK GAAP).

for each financial year which give a true and fair view of the state of a�airs of the charity and of the incoming resources and application of the resources of the charity for that year.

The trustees are responsible for keeping su�icient accounting records that disclose with reasonable accuracy at and time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and the provisions of the charity’s governing document(s). They are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees’ report was approved by the Board of Trustees on 29 December 2025.

Chairperson

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SPORTING CHANCES ALBA SCIO

INDEPENDENT EXAMINER’S REPORT

FOR THE YEAR ENDED 31 MARCH 2025

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) 2005 Act and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity trustees consider that the audit requirement of Regulation 10(1)(d) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under section 44(1)(c) of the Act and to state whether particular matters have come to my attention.

Basis of independent examiner’s statement

My examination is carried out in accordance with Regulation 11 of the 2006 Accounts Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, I do not express an audit opinion on the view given by the financial statements.

Independent examiner’s statement

In the course of my examination, no matter has come to my attention:

  1. which gives me reasonable cause to believe that in any material respect the requirements:

  2. a. to keep accounting records in accordance with section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations, and

  3. b. to prepare accounts which accord with the accounting records and comply with Regulation 9 of the 2006 Accounts Regulations

have not been met, or

  1. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Talking Numbers Ltd Unit 27, Huntershill Village 102 Crowhill Road Bishopbriggs Glasgow G64 1RP

29 December 2025

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SPORTING CHANCES ALBA SCIO

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2025

Notes
Income from:
Donations and legacies
3
Charitable activities
4
Total income
Expenditure on:
Charitable activities
5
Total expenditure
Net surplus/(defcit) for the year
Fund balances at 1 April 2024
Fund balances at 31 March 2025		 Unrestricted
funds
2025
£
40,576
279,358
319,934
329,200
329,200
(9,266)
89,560
80,294		 Unrestricted
funds
2024
£
28,563
270,394
298,957
288,272
288,272
10,685
78,875
89,560

All income and expenditure derive from continuing activities.

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SPORTING CHANCES ALBA SCIO

BALANCE SHEET

AS AT 31 MARCH 2025

Notes
Fixed assets
Goodwill
10
Tangible assets
11
Current assets
Stocks
12
Debtors
13
Cash at bank and in hand
Creditors: amounts falling due
within one year
14
Net current assets
Net assets
Unrestricted funds
16		 £
500
1,498
64,293		 2025
£
1,000
19,329
59,965		 £
500
494
65,335		 2024
£
2,000
23,680
63,880
66,291
(6,326)		 66,329
(2,449)
80,294 89,560
80,294 89,560

Chairperson

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SPORTING CHANCES ALBA SCIO

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

Charity information

Sporting Chances Alba is a Scottish Charitable Incorporated Organisation (SCIO).

1.1 Accounting convention

document, the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended) and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (Second Edition – October 2019) (e�ective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.

the charity, and all amounts are rounded to the nearest whole £.

principal accounting policies adopted are set out below.

1.2 Going concern

After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

used. The purposes and uses of restricted funds (where applicable) are set out in the

1.4 Income

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Income from donations and legacies

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid is recognised at the time of the donation.

Grants receivable

Grants receivable are credited to the Statement of Financial Activities in the year in which they are receivable.

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SPORTING CHANCES ALBA SCIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies (continued)

1.4 Income (continued)

Income from charitable activities

Income from charitable activities includes income from activities or where entitlement is subject to specific performance conditions is recognised as earned (as the related service is provided).

Investment income

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity. This is normally on notification of the interest paid or payable by the Bank.

1.5 Expenditure

All expenditure is included on an accruals basis and is recognised when there is a legal or constructive obligation to pay for expenditure. All costs have been directly attributed to one of the functional categories of resources expensed in the Statement of Financial Activities. The charity is not registered for VAT and accordingly expenditure is show gross.

Costs of raising fund are costs incurred in attracting voluntary income, and those incurred in activities that raise funds.

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Support costs are those incurred directly in support of expenditure on the objects of the charity. Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.

1.6

Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill shall be considered to have a finite useful life, and shall be amortised on a systematic basis over its life of five years.

1.7

less depreciation and any impairment losses. Depreciation is recognised so as to write o� the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment 20% straight line

Motor vehicles 20% reducing balance

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SPORTING CHANCES ALBA SCIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies (continued)

1.7

none in the year of sale.

The gain or loss arising on the disposal of an asset is determined as the di�erence between the sale proceeds and the carrying value of the asset, and is recognised in the

1.8

At each reporting date, the charity reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have su�ered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

Stocks are stated at the lower of cost and net realisable value. Net realisable value is the estimated selling price less direct selling costs.

Cash and cash equivalents

1.11 Financial instruments

basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the e�ective interest rate method.

1.12

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of the employee or provide termination benefits.

1.13

they fall due.

1.14 Leases

Rentals payable under operating leases, including any lease incentives received, are charged as an expense on a straight line basis over the term of the relevant lease.

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SPORTING CHANCES ALBA SCIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision only a�ects that period, or in the period of the revision and future periods where the revision a�ects both current and future periods.

3 Donations and legacies

Donations and legacies
General grants
Grants receivable for core activities
The Robertson Trust
Judo Scotland
Sported Foundation
4
Income from charitable activities
Fees for classes, events and accessories		 Unrestricted
funds
2025
£
33,976
6,600
40,576
5,000
600
1,000
6,600
Unrestricted
funds
2025
£
279,358		 Unrestricted
funds
2024
£
28,563
-
28,563
-
-
-
-
Unrestricted
funds
2024
£
270,394

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SPORTING CHANCES ALBA SCIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

FOR THE YEAR ENDED 31 MARCH 2025
5
Charitable activities
Sta� costs
Depreciation, amortisation and impairment
Direct costs
Subcontractor costs
Other sta� costs
Share of support costs (see note 6)
Share of governance costs (see note 6)
6
Support and governance costs
Support costs
Premises costs
Insurance
Advertising & marketing
Sundry expenses
Legal & professional fees
Bank fees and transaction charges
Governance costs
Accountancy fees		 Unrestricted
funds
2025
£
96,611
5,791
153,181
45,015
2,070
302,668
25,850
684
329,202
2025
£
10,079
2,385
5,391
1,810
500
5,685
25,850
684		 Unrestricted
funds
2024
£
86,430
7,141
137,277
33,480
1,762
266,090
21,032
1,150
288,272
2024
£
10,663
689
2,508
1,608
-
5,564
21,032
1,150

Governance costs includes independent examiner fees of £288 (2024: £288).

7 Trustees & related parties

None of the trustees (nor any persons connected with them) received any remuneration nor benefits from the charity during the year.

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SPORTING CHANCES ALBA SCIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

8 Employees

The average number of monthly employees during the year was 9 (2024: 10).

Employment costs

Wages and salaries
Pension costs		 2025
£
95,418
1,193
96,611		 2024
£
83,981
2,449
86,430

The charity considers its key management personnel to consist of the trustees.

There were no employees whose annual remuneration was more than £60,000.

9

employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.

10

Cost
At 1 April 2024 and 31 March 2025
Amortisation and impairment
At 1 April 2024
Amortisation charge for the year
At 31 March 2025
Carrying amount
At 31 March 2025
At 31 March 2024		 Goodwill
£
5,000
3,000
1,000
4,000
1,000
2,000

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SPORTING CHANCES ALBA SCIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

11
Tangible fxed assets
Motor
vehicles
£
Cost
At 1 April 2024
29,100
Additions
-
At 31 March 2025
29,100
Depreciation and impairment
At 1 April 2024
5,820
Depreciation charge for the year
4,656
At 31 March 2025
10,476
Carrying amount
At 31 March 2025
18,624
At 31 March 2024
23,280
12
Stocks
Finished goods and goods for resale
13
Debtors
Amounts falling due within one year:
Trade debtors
Prepayments and accrued income
14
Creditors: amounts falling due within one year
Taxation and social security
Wages payable
Other creditors
Accruals and deferred income		 Plant and
equipment
£
675
440
1,115
275
135
410
705
400
2025
£
500
2025
£
150
1,348
1,498
2025
£
450
5,179
409
288
6,326		 Total
£
29,775
440
30,215
6,095
4,791
10,886
19,329
23,680
2024
£
500
2024
£
150
344
494
2024
£
962
-
224
1,263
2,449

SPORTING CHANCES ALBA SCIO

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

15 Restricted funds

The charity did not hold any restricted fund balances throughout the year. There were no restricted fund balances at the year end.

16 Unrestricted funds

Unrestricted funds
2025 2024
£ £
Balance at start of year 89,560 78,875
Income resources 319,934 298,957
Resources expended (329,200) (288,272)
Balance at end of year 80,294 89,560